Examples of recent questions relating to Lease Extensions in Godmanchester

  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the procedure for this
  • I want to purchase a leasehold property and lease extension. The flat owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • My co-lessees and I are in a block comprising three flats in Godmanchester and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking to either purchase the freehold or a lease extension of my property in Godmanchester and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Bank of Scotland to free up equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1991 and since then the ground rent has increased from £38.00 per year to £100 per year.
  • I own a purpose-built flat based in a small development in Godmanchester. The leasehold interest in the flat on a 99 year lease which commenced from 11th October 1980 with a fixed yearly rent of 20. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I would like some help on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Godmanchester area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy two years. I need a at my end. Can you advise please? I live near Godmanchester and have a mortgage with Aldermore.
  • I'm intent on buying a flat in Godmanchester at a price of £195,000 the flat has something like sixety seven years left on the lease. My offer was subject to a lease extension... .. that was back in November, hoping I'd have moved in by Christmas. The seller has just informed the agent they'll knock £5k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • My wife and I are worried about getting a lease extension from tricky landlord. Even though the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £250 doubling every twenty five years of the new term. Can you help?
  • We currently own a 2 bed flat in Godmanchester and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety eight years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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